Customs Clears First Consignment at Gwadar Port Under CPEC
Islamabad: Under the China Pakistan Economic Corridor, Pakistan Customs has made it easier for the first import/export shipment to be cleared at Gwadar port (CPEC).
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An official announcement said that the cleared shipment from M/s HK Sun Corporation will be processed further in the Gwadar Free Zone, which was set up as part of CPEC. After that, the items will be sent out of Pakistan.
The Model Customs Collectorate, (A&F) West in Karachi processed and cleared the first shipment, which was made up of scrap metal. The goods then went to the Gwadar Free Zone, which was run by the Model Customs Collectorate Gwadar.
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More raw materials from the same company are on their way to Pakistan, where they will be used to make goods that will be exported.
China and Pakistan will be able to work together better in business because of the free zone.
The goal of the CPEC is to make the free zone a hub for international trade logistics and a driver of economic growth in Gwadar.
Local people will be able to get jobs through the project, and it will also help the economy grow and the country develop.
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